King Abdullah Economic City (KAEC), a special economic zone on Saudi Arabia's Red Sea coast, will be selling around 2,500 residential units this year, roughly the same level as in 2014, said its managing director.
KAEC expects to at

US President Barack Obama met with Saudi Arabia's King Salman on Tuesday to pay respects to the late King Abdullah and bolster a relationship that now stretches well beyond oil interests to security cooperation across the volatile Gulf Arab

Germany has decided to stop exporting arms to Saudi Arabia, the German newspaper Bild am Sonntag said on Sunday, citing government sources as saying the kingdom was "too unstable" for it to be receiving deliveries of weapons.

Bahrain joined the world yesterday in saluting Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud as a committed regional peacemaker and reformer.
His Majesty King Hamad and His Royal Highness Prime Minister Pri

Saudia Arabia's new King Salman pledged continuity in energy and foreign policies on Friday and moved quickly to appoint younger men as his heirs, settling the succession for years to come by naming a deputy crown prince from his dynasty'

Saudi Arabia's King Abdullah said on Tuesday the world's top oil exporter would deal "with a firm will" with the challenge posed by lower oil prices in a speech read on his behalf by Crown Prince Salman and broadcast on state t

Saudi Arabia's stock market fell sharply on Wednesday after Saudi state television reported that King Abdullah had been admitted to hospital for tests.
The main equities index, which was down more than 1 per cent earlier in th

Saudi Arabia's King Abdullah has endorsed a project to construct a second causeway linking Bahrain with Saudi Arabia, Bahrain News Agency has reported.
The Saudi monarch's endorsement of the causeway was announced

King Abdullah Economic City has signed contracts with new three manufacturing companies that are investing in the city's Industrial Valley to take advantage of the promising opportunities offered by the booming Saudi market.